Why is it that natural log changes are percentage changes? What …
Nov 4, 2016 · Can somebody explain how the properties of logs make it so you can do log linear regressions where the coefficients are interpreted as percentage changes?
data transformation - When (and why) should you take the log of …
Questions: WHY should one take the log of the distribution in the first place? WHAT does the log of the distribution 'give/simplify' that the original distribution couldn't/didn't? Is the log …
In statistics, should I assume $\log$ to mean $\log_ {10}$ or the ...
Apr 4, 2016 · 33 I'm studying statistics and often come across formulae containing the log and I'm always confused if I should interpret that as the standard meaning of log, i.e. base 10, or if in …
econometrics - What are the advantages of using log GDP per …
What are the advantages of using log GDP per capita versus simple GDP per capita when analyzing economic growth? [duplicate] Ask Question Asked 11 years, 1 month ago Modified …
In regression analysis what does taking the log of a variable do?
Here are 2 CV questions that you may want to read: interpretation-of-log-transformed-predictor & In linear regression when is it appropriate to use the log of an independent variable instead of …
logarithm - log mean vs mean log in statistics - Cross Validated
Oct 25, 2017 · I am running a regression that includes consumption and disposable income. It was suggested that I take mean of the logarithm of my data rather than logarithm of the mean. …
machine learning - What does log-likelihood mean in the context …
Also people use the log-likelihood because it is easier to manipulate than the likelihood in some cases. Multiplications become additions, and if high value arise, the log keeps them small (this …
Bayes Information Criterion — what does log mean?
Feb 20, 2021 · Here $\log$ means the natural log, logarithmus naturali, or ln.
Natural log of annual income [duplicate] - Cross Validated
The logarithm of income is usually more normally distributed (have a look at the histograms of income and of log income). Using log income as dependent variable also has the nice feature …
probability - Why are log probabilities useful? - Cross Validated
Aug 20, 2020 · What then is the corresponding range of log probabilities, i.e. what does a probability of 0 become, and is it the minimum of the range, and what does a probability of 1 …